According to PANews, VanEck announced that it will waive fees for its Ethereum spot ETF, adopting a similar strategy to the Bitcoin ETF launched earlier this year. Matthew Sigel, the company's head of digital asset research, said that the zero-fee strategy will help increase interest in Ethereum while also lowering the entry barrier for new investors.
VanEck plans to waive fees on the first $1.5 billion of assets through 2025, and charge 0.20% after that. Separately, Franklin Templeton said it would waive fees on the first $10 billion of assets for six months, and charge 0.19% after that.
